Dow slumps 240 points on concerns the market's rally has gotten overextended | Markets Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 51%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

Dow slumps 240 points on concerns the market's rally has gotten overextended

retreated on Tuesday as investors took profits and weighed whether recent gains match the pace of the ongoing economic recovery.

Stocks that led recent sessions' upswings — including Carnival Cruises, United Airlines, and Simon Property Group — declined. That comes after travel and retail stocks tore higher on Monday as investorsHere's where US indexes stood shortly after the 9:30 a.m. ET market open on Tuesday:

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

240 points is not a slump. It's not even a blip.

coronavirus :-India Records 9,987 COVIDー19 Cases in the last 24 hours...

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in CA

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Dow futures rise as stock market aims to add to rally headed into Fed weekU.S. stock-market futures rise Sunday evening in thin trading, as Wall Street equities looked to add to a rally toward records for the Nasdaq that concluded...
Source: MarketWatch - 🏆 3. / 97 Read more »

Stocks Take A Breather, Dow Falls 300 PointsThe market fell for the first time in seven days. I've been waiting for some type of selloff to add, but 2 weeks up and 1 day down doesnt feel like much :-) We dont have to pile tax upon tax to have a fair economy. A 7% tax on both consumer sales and stock trades would replace all other taxes provide a basic income healthcare govt operations and pay down the debt. Walk the plank
Source: Forbes - 🏆 394. / 53 Read more »